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  • Banc of America Securities is readying its fourth synthetic securitization of residential mortgages in just 12 months, which would mean it had securitized in the region of USD50 billion of its parent's RMBS portfolio. In addition, these are thought to be the only synthetic RMBS deals to have hit the market in the U.S.
  • Click here to see the demographic make up, in terms of staff and location, of the Asian financial markets.
  • BNP Paribas has appointed Alex Melis as the new head of its London-based fixed-income Dutch sales team and hired three salesmen. Melis is responsible for the distribution of interest-rate and global credit products into Holland. He will report jointly to Mark Goldman, European head of bond sales, and Stefano Paschetto, head of fixed-income derivatives marketing. Edwina Frawley, a spokeswoman, confirmed the moves.
  • Babcock & Brown's impending synthetic collateralized debt obligation debut will pair up each of the credit-default swaps in its reference pool, making a structure that rivals have not seen before, according to one official familiar with the structure.
  • Citigroup has hired Sandra Wong, CDO structurer at JPMorgan in London, as a director and CDO structurer/deal manager in London. Wong will report to Tim Beaulac, head of CDO origination and structuring in London, according to Jeremy Hughes, spokesman in London.
  • Nancy Malamed-Simon, a senior equity derivatives marketer at Commerzbank Securities in New York, has jumped to specialist broker Israel A. Englander & Co. in New York, as co-manager of the midtown trading desk. Malamed-Simon said the new role centers on listed equities, including listed options, in contrast to her previous focus on over-the-counter derivatives. Malamed-Simon reports to Peter Feinberg, executive v.p. in New York.
  • BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.
  • BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.
  • BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.
  • BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.
  • BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.
  • BondWeek is the leading news publication for fixed-income professionals, covering new deals, structures, asset-backed securities, industry and market activity.